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Cayman National Corporation Ltd (CNC) has announced that Republic Bank (Cayman) Ltd (RBKY) banking and security operations will merge with Cayman National Bank Ltd (CNB) and Cayman National Securities Ltd (CNS) respectively.
Republic Bank offers loan deferrals, moratoriums
A Republic Bank branch at Southpark Shopping Centre in San Fernando. FILE PHOTO
Republic Bank is offering loan deferrals/moratoriums of up to three months to customers on a case-by-case basis, expiring no later than September 30.
In a release, the financial institution said it recognised that many of its customers may experience challenges in meeting payments on their loans and other credit facilities owing to a reduction or loss of income or earnings due to the covid19 pandemic.
The bank encouraged all customers, both residential and business, who need any form of assistance to visit https://republictt.com/covid19/loandeferral to learn more about this offer or to apply.